Andhra Bank Posts Rs 1,234-cr Net Loss In Q4
Andhra Bank has posted a net loss of Rs 1,234 crore in the fourth quarter ended March 31, 2019.Compared to a net loss of... Read more
Rising Balance In Jan Dhan Accounts Spells Windfall For Banks
The no-frills deposits drive growth in CASA Read more
Introduction Of New Pension Scheme In SBI Has No Legal Effect, Rules Kerala High Court
The High Court of Kerala has declared that the introduction of Defined Contributory Pension Scheme/New Pension Scheme (... Read more
SBI To Seek Consultants Help To Draw Up Long-term Growth Plan
Bank wants to improve Return on Assets and pre-provisions operating profit Read more
TGB Q4 Net Profit Up 23%
Telangana Grameena Bank (TGB) has posted a 23 per cent increase in net profit at ₹43 crore in the financial year ended... Read more
Settle Cyclone Fani Claims Faster: IRDAI To Insurers
The Insurance Regulatory and Development Authority of India (IRDAI) has asked insurers to settle claims faster in the wa... Read more
NHB Gives Nod To DHFL To Divest Stake In Aadhar Housing Finance
Dewan Housing Finance Corporation Ltd (DHFL), on Tuesday, said the divestment of its stake in Aadhar Housing Finance Ltd... Read more
RBI Plans More Forex Swaps, Steps To Inject Cash Says Officials
These latest moves are expected to increase cash in the financial system Read more
Lenders Approve Patanjalis ₹ 4,325 Cr Bid For Ruchi Soya
In its first major acquisition, Yoga guru Baba Ramdev-led Patanjali Ayurved walked away with debt-ridden edible oil firm... Read more
Non-food Bank Credit Up 12 Per Cent In FY19: RBI
Non-food bank credit increased by a robust 12.3 per cent year-on-year (YOY) in March 2019, compared to an increase of 8.... Read more
Repo-link Effect: SBI Savings A/c Holders With Balance Above ₹1 Lakh To Get Lower Interest
Savings bank account holders in SBI having more than ₹1 lakh balance will earn a quarter percentage point less interes... Read more
IL&FS Mutual Fund Redeems ₹314-crore Debt Fund
The scheme is one of the eight schemes in the portfolio Read more
CBI Searches YSR Congress Candidates Premises In ₹ 947 Cr Loan Default Case
The CBI on Tuesday searched the residences and offices of YSR Congress candidate from Narsapuram, K Raghurama Krishnam R... Read more
Bharti AXA Ties Up With Wishfin To Offer Policies Via WhatsApp
This service option is an instant and additional customer service option for policyholders Read more
Dewan Housing Finance Pays ₹838 Crore To NCD Holders
DHFL said it paid ₹500 crore in principal and ₹338 crore in interest on four NCD series that matured on Tuesday Read more